Page 70 - Unanet GovCon Using Billing Revenue - Participant Guide ebook

8. A Customer Invoice will remain editable until it reaches which status?
a) Draft - This is an incorrect answer because an invoice can still be
edited until it reaches the Completed status
b) Approved - This is an incorrect answer because an invoice can still be
edited until it reaches the Completed status
c) Completed - This is the correct answer because once an invoice is
completed (posted) it can no longer be edited

9. Which screen is used to view, edit, delete, complete, void, print or email
existing Customer Invoices?
a) List Invoices - This is the correct answer because the List screen is
used to view, edit, delete, complete, void, print or email existing
Customer Invoices
b) Add Invoices - This is an incorrect answer because the Add Invoice
screen is used to search for items that have been gathered from the
Billing & Revenue Post
c) Billing & Revenue Post - This is an incorrect answer because this is a
posting process where the software pulls all of the items ready to be
invoiced and determines if revenue is to be recognized

10. Where is the Customer Approval Group selected?
a) Under the Customer’s Profile menu - This is an incorrect answer
because the Approval Group selected is not found in this menu
b) Under the Invoice’s Billing menu - This is an incorrect answer because
the Approval Group is not selectable at the invoice level
c) Under the Project’s Billing menu - This is the correct answer
because the Approval Group selected is found in this menu

11. Which is a posting process to the General Ledger in Unanet?
a) Billing & Revenue Post only - This is an incorrect answer because
Completing an invoice is also a posting process
b) Billing & Revenue Post and Completing an invoice - This is the
correct answer because both are posting processes in Unanet
c) The Billing process contains no posting to the general ledger - This is
an incorrect answer because both the Billing & Revenue Post and
Completing an invoice are posting processes in Unanet

12. What should the Through Date be based on, when searching on the Add
Invoice page?

a) The post date used in the Billing & Revenue Post - This is the
correct answer because the Add Invoice through date should match
the B&R Post date

APPENDIX A: CHECK YOUR UNDERSTANDING ANSWER KEY
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